GHP Investment Advisors Inc. Has $6.15 Million Position in OSI Systems, Inc. (NASDAQ:OSIS)

GHP Investment Advisors Inc. raised its holdings in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 5.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 31,628 shares of the technology company's stock after buying an additional 1,712 shares during the period. GHP Investment Advisors Inc. owned 0.19% of OSI Systems worth $6,147,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. QRG Capital Management Inc. grew its position in shares of OSI Systems by 11.8% in the 1st quarter. QRG Capital Management Inc. now owns 2,899 shares of the technology company's stock valued at $563,000 after acquiring an additional 305 shares during the period. Schroder Investment Management Group bought a new position in shares of OSI Systems in the 4th quarter valued at about $472,000. Smartleaf Asset Management LLC grew its position in shares of OSI Systems by 243.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 275 shares of the technology company's stock valued at $46,000 after acquiring an additional 195 shares during the period. Deutsche Bank AG grew its position in shares of OSI Systems by 47.3% in the 4th quarter. Deutsche Bank AG now owns 19,539 shares of the technology company's stock valued at $3,271,000 after acquiring an additional 6,277 shares during the period. Finally, Cibc World Markets Corp bought a new stake in shares of OSI Systems during the 4th quarter worth about $248,000. Institutional investors own 89.21% of the company's stock.

OSI Systems Stock Performance

NASDAQ OSIS traded up $9.97 during trading on Thursday, reaching $224.51. The company's stock had a trading volume of 191,885 shares, compared to its average volume of 204,116. The company has a current ratio of 2.11, a quick ratio of 1.38 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $3.77 billion, a price-to-earnings ratio of 27.31, a price-to-earnings-growth ratio of 1.95 and a beta of 1.28. OSI Systems, Inc. has a 12 month low of $129.18 and a 12 month high of $241.64. The firm has a 50 day moving average price of $219.16 and a 200 day moving average price of $198.10.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The technology company reported $2.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.38 by $0.06. The firm had revenue of $444.35 million during the quarter, compared to the consensus estimate of $436.49 million. OSI Systems had a net margin of 8.38% and a return on equity of 18.37%. The business's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.16 EPS. As a group, equities analysts anticipate that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

Insider Buying and Selling at OSI Systems

In other news, Chairman Deepak Chopra sold 20,000 shares of the business's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $221.79, for a total value of $4,435,800.00. Following the completion of the transaction, the chairman now directly owns 339,478 shares in the company, valued at approximately $75,292,825.62. The trade was a 5.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Meyer/ Luskin sold 1,000 shares of the business's stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $237.15, for a total transaction of $237,150.00. Following the completion of the transaction, the director now owns 11,214 shares of the company's stock, valued at $2,659,400.10. The trade was a 8.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 43,371 shares of company stock valued at $9,784,380 in the last quarter. Company insiders own 5.20% of the company's stock.

Analyst Ratings Changes

Several brokerages recently commented on OSIS. Wall Street Zen raised shares of OSI Systems from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Oppenheimer lifted their target price on shares of OSI Systems from $225.00 to $260.00 and gave the stock an "outperform" rating in a report on Monday, May 5th. Roth Mkm lifted their target price on shares of OSI Systems from $224.00 to $245.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. B. Riley reaffirmed a "buy" rating and set a $255.00 target price (up previously from $221.00) on shares of OSI Systems in a report on Friday, May 2nd. Finally, Wells Fargo & Company reduced their target price on shares of OSI Systems from $220.00 to $210.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $228.33.

OSI Systems Profile

OSI Systems, Inc designs and manufactures electronic systems and components. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation monitoring, explosive and narcotics trace detection systems, and optical inspection systems under the Rapiscan name.